• From the Washington Post:
"Amazon has requested its first round of economic incentive payments from Virginia for its new Arlington headquarters, a sum that could mean more than $152 million in state money paid to the tech giant by late 2026.
"The state had committed to give Amazon up to $750 million for these new Northern Virginia offices, the first phase of which is set to open in June.
"But no money has been paid out yet: The company declined over the past three years to seek out these performance grants amid the coronavirus pandemic, Amazon spokesman Zach Goldsztejn said.
"The company’s application, which was submitted by an April 1 deadline, comes during a turbulent period for the company. Amazon has laid off tens of thousands of employees and announced last month that it would pause construction on the second part of its campus, including three office towers as well as a futuristic 'Helix' just a stone’s throw from the Pentagon.
"Virginia’s incentives for Amazon are supposed to reward the company’s progress toward its stated goal of creating 25,000 new jobs in the commonwealth by 2030. According to the deal, state officials will pay the company $22,000 for each full-time job with an average salary of $150,000. (That salary is supposed to climb slightly each year.)"